COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS


SUPRA / HANDY 

After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. Rates were under pressure in both basins due to a lack of prompt stems. In the Continent, Supras are getting low/mid US$ 30,000s for a TCT to the east Med with scrap. In the USG a modern 53,000 tonner was fixed at US$ 38,000 with redelivery in the Continent - about US$ 10,000 less than the previous week. In Brazil, most of the grain exporting ports have around 2 weeks congestion. Supras are getting high US$ 20,000s per day basis delivery west Africa redelivery Skaw/ Passero.

With India as the backbone of the Pacific recently, March loaders were able to get the higher numbers, with ships fixing in the low US$ 50,000s on the west coast, mid US$  40,000s on the east coast, both for trips China, and ballasters from China/Far East loading in India in the region of mid to midhigh US$ 20,000s.

This kept the Pacific firm for the first half of the week, together with a number of stems out of Nopac and Australia (around mid US$ 20,000s), and Indonesia (high teens to low/mid US$ 20,000s). However, rates came off towards the end of the week, as vessels that could make March dates were fixed, and the market took a breather on April positions. Owners were still bullish on short period numbers, with many talking mid to mid/high US$ 20,000s for deliveries in the Far East, but charterers in general were not ready to pay those levels. 

PANAMAX

The Panamax market witnessed a substantial correction as rates tumbled across both basins, as  the BPI dropped 379 points and the average of the 4 time charter routes fell US$ 3,034 on the week.  Weaker sentiment and a lack of fresh enquiry, together with a lack of support both from the paper market and the Capes, succeeded in pushing rates down. The Atlantic saw round voyage rates slip to the low US$ 30,000s region and upper US$ 20,000s for the equivalent round voyage in the Pacific basin. There was very little period activity of note to report as charterers backed away with paper values falling. With Easter holidays in Europe at end of this week pending, one would expect to see a similar trend in the market with sentiment still down.

CAPESIZE 

A less dramatic drop in Capesize rates this week, with the BCI losing 8% and the four time charter average dropping 11% to finish the week at US$ 28,542/day. Despite falling congestion in China, weather problems in Australia have kept delays there high and around 85 Capes are reported to be anchored outside the main Australian ports with wait times of well over a month ahead of them. Weak demand on the Atlantic penalised that market, although conditions were better in the Pacific. By week end, it appeared conditions had stabilized, with the BCI losing just 4 points on Friday, and rising marginally by one point on Monday. Short period business was also concluded at rates above the spot market, with a 178,000 tonner reportedly taken ex yard in April for four to six months trading at US$ 37,000 per day. 
Source: BRS Dry Bulk



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 18 August 13
SUB-BIT FOB INDONESIA COAL SWAP : ON POSITIVE DIRECTION ON DAY, WEEK AND MONTH
COALspot.com –  Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery US$ 1.83 up month on month. The swap was moved positive ...


Sunday, 18 August 13
INDO - INDIA FREIGHT EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The freight market was up this week with the BDI gaining more than 10 pct due to strong Cape Sector. The BDI was closed at 1,102 p ...


Friday, 16 August 13
US COAL PRODUCTION SLIGHTLY UP ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.10 million short tons (mmst) of ...


Thursday, 15 August 13
CAPESIZE : TRENDS SOMETIMES SHIFT WITH NO PRIOR WARNING - FEARNRESEARCH
Handy The influence of the summer holidays across Europe was felt in the Atlantic basin this week. Very little activity and a growing list of avail ...


Wednesday, 14 August 13
ANOTHER WEEK IN THE RED FOR DRY BULK CARRIERS - INTERMODAL
Chartering (Wet: Stable-  / Dry: Stable- ) Another week in the red for Dry Bulk carriers with the market losing further steam as fewer an ...


   831 832 833 834 835   
Showing 4161 to 4165 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Therma Luzon, Inc, Philippines
  • Indian Oil Corporation Limited
  • European Bulk Services B.V. - Netherlands
  • IEA Clean Coal Centre - UK
  • The University of Queensland
  • Britmindo - Indonesia
  • Thriveni
  • Tata Power - India
  • Eastern Coal Council - USA
  • Alfred C Toepfer International GmbH - Germany
  • Jorong Barutama Greston.PT - Indonesia
  • PowerSource Philippines DevCo
  • Oldendorff Carriers - Singapore
  • Kobe Steel Ltd - Japan
  • Inco-Indonesia
  • Indian Energy Exchange, India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Coal India Limited
  • Coal and Oil Company - UAE
  • Malco - India
  • Metalloyd Limited - United Kingdom
  • Samsung - South Korea
  • Coalindo Energy - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Ind-Barath Power Infra Limited - India
  • UOB Asia (HK) Ltd
  • India Bulls Power Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • Moodys - Singapore
  • NALCO India
  • Karaikal Port Pvt Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • CCIC - Indonesia
  • The India Cements Ltd
  • GHCL Limited - India
  • Asian Development Bank
  • Bharathi Cement Corporation - India
  • IHS Mccloskey Coal Group - USA
  • DBS Bank - Singapore
  • Tamil Nadu electricity Board
  • Semirara Mining and Power Corporation, Philippines
  • SASOL - South Africa
  • JPower - Japan
  • PTC India Limited - India
  • Freeport Indonesia
  • Maybank - Singapore
  • Jaiprakash Power Ventures ltd
  • Bangkok Bank PCL
  • Iligan Light & Power Inc, Philippines
  • WorleyParsons
  • MS Steel International - UAE
  • MEC Coal - Indonesia
  • Enel Italy
  • International Coal Ventures Pvt Ltd - India
  • Indian School of Mines
  • Aditya Birla Group - India
  • EIA - United States
  • Timah Investasi Mineral - Indoneisa
  • Cargill India Pvt Ltd
  • Adaro Indonesia
  • Medco Energi Mining Internasional
  • Gupta Coal India Ltd
  • PetroVietnam
  • Vijayanagar Sugar Pvt Ltd - India
  • Anglo American - United Kingdom
  • Mitsubishi Corporation
  • Neyveli Lignite Corporation Ltd, - India
  • BNP Paribas - Singapore
  • Cemex - Philippines
  • Meralco Power Generation, Philippines
  • bp singapore
  • Africa Commodities Group - South Africa
  • Standard Chartered Bank - UAE
  • SN Aboitiz Power Inc, Philippines
  • San Jose City I Power Corp, Philippines
  • Bhushan Steel Limited - India
  • Global Business Power Corporation, Philippines
  • Shree Cement - India
  • Kapuas Tunggal Persada - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Clarksons - UK
  • Platts
  • TRAFIGURA, South Korea
  • Kumho Petrochemical, South Korea
  • Baramulti Group, Indonesia
  • Cardiff University - UK
  • Indogreen Group - Indonesia
  • Bank of China, Malaysia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Coaltrans Conferences
  • Thailand Anthracite
  • OCBC - Singapore
  • Cement Manufacturers Association - India
  • Samtan Co., Ltd - South Korea
  • McKinsey & Co - India
  • Formosa Plastics Group - Taiwan
  • Kohat Cement Company Ltd. - Pakistan
  • Glencore India Pvt. Ltd
  • Goldman Sachs - Singapore
  • GNFC Limited - India
  • Permata Bank - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • PLN - Indonesia
  • Berau Coal - Indonesia
  • Thomson Reuters GRC
  • Chamber of Mines of South Africa
  • Borneo Indobara - Indonesia
  • SMC Global Power, Philippines
  • Inspectorate - India
  • GB Group - China
  • Straits Asia Resources Limited - Singapore
  • Gujarat Sidhee Cement - India
  • TGV SRAAC LIMITED, India
  • Maruti Cements - India
  • PLN Batubara - Indonesia
  • APGENCO India
  • Sarangani Energy Corporation, Philippines
  • Qatrana Cement - Jordan
  • GN Power Mariveles Coal Plant, Philippines
  • Sucofindo - Indonesia
  • Geoservices-GeoAssay Lab
  • Ince & co LLP
  • VISA Power Limited - India
  • GMR Energy Limited - India
  • ANZ Bank - Australia
  • Cebu Energy, Philippines
  • globalCOAL - UK
  • Pipit Mutiara Jaya. PT, Indonesia
  • Madhucon Powers Ltd - India
  • South Luzon Thermal Energy Corporation
  • Star Paper Mills Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Eastern Energy - Thailand
  • Ministry of Mines - Canada
  • ING Bank NV - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • Merrill Lynch Commodities Europe
  • Indika Energy - Indonesia
  • Mercator Lines Limited - India
  • Uttam Galva Steels Limited - India
  • Energy Link Ltd, New Zealand
  • Renaissance Capital - South Africa
  • Independent Power Producers Association of India
  • OPG Power Generation Pvt Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Peabody Energy - USA
  • Central Java Power - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Global Coal Blending Company Limited - Australia
  • New Zealand Coal & Carbon
  • Panama Canal Authority
  • Posco Energy - South Korea
  • The State Trading Corporation of India Ltd
  • Argus Media - Singapore
  • CoalTek, United States
  • Georgia Ports Authority, United States
  • IOL Indonesia
  • Mitsui
  • IMC Shipping - Singapore
  • Altura Mining Limited, Indonesia
  • Lafarge - France
  • KOWEPO - South Korea
  • Russian Coal LLC
  • Mechel - Russia
  • Globalindo Alam Lestari - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Leighton Contractors Pty Ltd - Australia
  • Simpson Spence & Young - Indonesia
  • Coeclerici Indonesia
  • Agrawal Coal Company - India
  • Siam City Cement PLC, Thailand
  • Chettinad Cement Corporation Ltd - India
  • Barasentosa Lestari - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • TeaM Sual Corporation - Philippines
  • Australian Commodity Traders Exchange
  • Latin American Coal - Colombia
  • Grasim Industreis Ltd - India
  • Mercuria Energy - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Adani Power Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Mintek Dendrill Indonesia
  • Antam Resourcindo - Indonesia
  • Jindal Steel & Power Ltd - India
  • Vale Mozambique
  • Directorate General of MIneral and Coal - Indonesia
  • Orica Mining Services - Indonesia
  • TNPL - India
  • KEPCO - South Korea
  • The Treasury - Australian Government
  • CESC Limited - India
  • Aboitiz Power Corporation - Philippines
  • Pendopo Energi Batubara - Indonesia
  • Merrill Lynch Bank
  • Petrosea - Indonesia
  • Bhatia International Limited - India
  • Intertek Mineral Services - Indonesia
  • Arch Coal - USA
  • Bhoruka Overseas - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Pinang Coal Indonesia
  • Deutsche Bank - India
  • Infraline Energy - India
  • Savvy Resources Ltd - HongKong
  • TNB Fuel Sdn Bhd - Malaysia
  • Global Green Power PLC Corporation, Philippines
  • Coastal Gujarat Power Limited - India
  • Kobexindo Tractors - Indoneisa
  • LBH Netherlands Bv - Netherlands
  • Sical Logistics Limited - India
  • Rio Tinto Coal - Australia
  • Petron Corporation, Philippines
  • Electricity Generating Authority of Thailand
  • Attock Cement Pakistan Limited
  • Fearnleys - India
  • J M Baxi & Co - India
  • IBC Asia (S) Pte Ltd
  • Coal Orbis AG
  • Platou - Singapore
  • Makarim & Taira - Indonesia
  • KPCL - India
  • Kaltim Prima Coal - Indonesia
  • JPMorgan - India
  • Central Electricity Authority - India
  • Gresik Semen - Indonesia
  • London Commodity Brokers - England
  • Bukit Asam (Persero) Tbk - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Ministry of Finance - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • Ernst & Young Pvt. Ltd.
  • HSBC - Hong Kong
  • TANGEDCO India
  • SRK Consulting
  • Tata Chemicals Ltd - India
  • RBS Sempra - UK
  • SMG Consultants - Indonesia
  • Heidelberg Cement - Germany
  • Indorama - Singapore
  • ETA - Dubai
  • Salva Resources Pvt Ltd - India
  • Bangladesh Power Developement Board
  • Economic Council, Georgia
  • KPMG - USA
  • Japan Coal Energy Center
  • Indonesia Power. PT
  • World Bank
  • Binh Thuan Hamico - Vietnam
  • EMO - The Netherlands
  • Bulk Trading Sa - Switzerland
  • White Energy Company Limited
  • Bahari Cakrawala Sebuku - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • SGS (Thailand) Limited
  • Thiess Contractors Indonesia
  • Cosco
  • Commonwealth Bank - Australia
  • Mjunction Services Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • UBS Singapore
  • Shenhua Group - China
  • Rudhra Energy - India
  • Power Finance Corporation Ltd., India
  • Humpuss - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Xstrata Coal
  • PNOC Exploration Corporation - Philippines
  • CNBM International Corporation - China
  • NTPC Limited - India
  • Romanian Commodities Exchange
  • Reliance Power - India
  • Maersk Broker
  • U S Energy Resources
  • Meenaskhi Energy Private Limited - India
  • Marubeni Corporation - India
  • Edison Trading Spa - Italy
  • CIMB Investment Bank - Malaysia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Credit Suisse - India
  • Sree Jayajothi Cements Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Riau Bara Harum - Indonesia
  • Interocean Group of Companies - India
  • Runge Indonesia
  • Indonesian Coal Mining Association
  • Gujarat Mineral Development Corp Ltd - India
  • Semirara Mining Corp, Philippines
  • Maheswari Brothers Coal Limited - India
  • SUEK AG - Indonesia
  • Idemitsu - Japan
  • Barclays Capital - USA
  • Vitol - Bahrain
  • Kideco Jaya Agung - Indonesia
  • Malabar Cements Ltd - India
  • ACC Limited - India
  • Wilmar Investment Holdings
  • Vizag Seaport Private Limited - India
  • McConnell Dowell - Australia
  • Parry Sugars Refinery, India
  • Noble Europe Ltd - UK
  • Dalmia Cement Bharat India
  • ASAPP Information Group - India
  • Mitra SK Pvt Ltd - India
  • Port Waratah Coal Services - Australia
  • Jatenergy - Australia
  • Vedanta Resources Plc - India
  • Siam City Cement - Thailand
  • Larsen & Toubro Limited - India
  • Thermax Limited - India
  • Sojitz Corporation - Japan
  • Sakthi Sugars Limited - India
  • Carbofer General Trading SA - India
  • Bank of America
  • Holcim Trading Pte Ltd - Singapore
  • Parliament of New Zealand
  • Lanco Infratech Ltd - India
  • Cigading International Bulk Terminal - Indonesia
  • Planning Commission, India
  • GVK Power & Infra Limited - India
  • Tanito Harum - Indonesia
  • Thai Mozambique Logistica
  • Energy Development Corp, Philippines
  • Wood Mackenzie - Singapore
  • Manunggal Multi Energi - Indonesia
  • BRS Brokers - Singapore
  • Kepco SPC Power Corporation, Philippines
  • Singapore Mercantile Exchange
  • Surastha Cement
  • Price Waterhouse Coopers - Russia
  • Billiton Holdings Pty Ltd - Australia
  • Banpu Public Company Limited - Thailand
  • Minerals Council of Australia
  • Australian Coal Association
  • Electricity Authority, New Zealand
  • ICICI Bank Limited - India
  • Xindia Steels Limited - India
  • Orica Australia Pty. Ltd.
  • Total Coal South Africa
  • World Coal - UK
  • Ministry of Transport, Egypt
  • Trasteel International SA, Italy
  • Deloitte Consulting - India
  • Videocon Industries ltd - India
  • Ambuja Cements Ltd - India
  • Asia Cement - Taiwan
  • Core Mineral Indonesia
  • Arutmin Indonesia
  • Essar Steel Hazira Ltd - India
  • Bukit Makmur.PT - Indonesia